Last week, @sgfintechfesttook place with AI and quantum technology at the centre of discussions.
We examine the key announcements made during the event, with a focus on the international collaboration within the cross-border payments industry.
https://t.co/IP1zECdrEd
#Fintech
Recently, @WesternUnion announced its acquisition of Singapore-based digital wallet company Dash.
We look at what the deal tells us about the company’s ongoing digitalisation and how its acquisition of Dash reflects the company’s digital strategy.
https://t.co/2qffuOWIhs
The @FinStbBoard (FSB) published the latest update on progress against the G20 Roadmap for Enhancing Cross-Border Payments.
The report includes extensive regional and market-type data, much of which is provided by FXC Intelligence.
Read more here: https://t.co/bwfJObOfXf
Today, @Mastercard announced that it has significantly expanded its focus on the B2B side of the market with the launch of Mastercard Move Commercial Payments.
Read more in Daniel Webber's most recent @Forbes column: https://t.co/72Ev4cFWPT
#Payments#Forbes#FintechNews
Full-year financial data from #socialmedia giant @tiktok_us European arm provides some insights into how much the company is earning from creator gifts.
But with global flows in the billions, how much should we be thinking about it as a payments company?
https://t.co/qJbhqa9dKz
🚀 Coming up in tomorrow’s newsletter🚀
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🌍Stay up to speed on the global payments industry with our free weekly cross-border payments insights.
#FXCIntelligence#FintechNews#Newsletter#FinancialServices#Payments
🌎 FXC Intelligence's Global Most Promising 🌎
We are thrilled to announce that FXC Intelligence's Global Most Promising Cross-Border Payments Companies of 2024 has now been released.
Head over to our website to access the full report: https://t.co/I5UapedmDB
#FXCIntelligence
💡New @Forbes Column💡
FXC Intelligence CEO and Founder Daniel Webber's most recent Forbes article explores stablecoins' growing place in cross-border payments and how important they could be to the industry.
https://t.co/zpSwppHOOn
Several cross-border payments companies have recently surpassed $1bn in revenue – a major milestone for the industry.
In a recent report, we compare these companies to identify shared factors and highlight current industry trends.
https://t.co/GAlVN7sVy9
#Fintech#Payments
@Ripple has announced that it has begun testing its stablecoin Ripple USD (RLUSD).
In a recent report, we explore Ripple’s #payments background, its place in the market and the potential of its stablecoin offering for #crossborderpayments.
https://t.co/qBvSIQdbkn
#Fintech
Payoneer's Q2 2024 results reported a 16% YoY increase in top-line revenue to $239.5m.
It's CEO John Caplan discussed the drivers of growth with our CEO and Founder Daniel Webber. Read the full discussion here 👉https://t.co/Ku4mqInOrk
@Payoneer#FXCIntelligence#Payments
In our latest interview with @remitly CEO Matt Oppenheimer, we cover various topics, including:
📈 Drivers of Remitly’s Q2 2024 growth
🔍 Remitly’s marketing approach
✨ AI’s role in product and platform improvements
Read the full discussion here: https://t.co/9mx7z0aC6h
🚀 Coming up in tomorrow’s newsletter🚀
Sign up to our mailing list here ➡️ https://t.co/RPT2HWVFzo
🌍Stay up to speed on the global payments industry with our free weekly cross-border payments insights.
#FXCIntelligence#FintechNews#Newsletter#FinancialServices#Payments
This month, @MastercardUK and @Visa both released their latest #earnings results – covering Visa’s Q3 2024 and Mastercard’s Q2 2024 – with cross-border payments continuing to play a major role in delivering volumes for both companies.
https://t.co/VDTfaX1FHf
#Fintech#Payments
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Below is a preview of the valuable content you don’t want to miss this week!
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Last week, we compared the neobank @RevolutApp to five of its competitors – namely @monzo, @PayPal, @remitly, @StarlingBank and @Wise – to explore how well it is driving efficiency while growing its workforce.
Read the full report here👇🏼
https://t.co/wKMaDGHQUT
#Neobank
@RevolutApp has published its #FY2023 results, posting record profits and showing a company that has significantly diversified from its crypto-heavy approach of a few years previously.
Read our full report here: https://t.co/0WUxRwmRLP
#Payments#FinancialServices#Fintech
@Wise's FY2024 results included some strong performances, but the company’s price cuts and revised outlook prompted a share price drop.
💰Passed a billion in revenue
📈Underlying income climbed 31% to £1.2bn
💸Cross-border revenue increased 17% to £795.2m
https://t.co/xDfN2Tn9mq